Job Description

You will mainly focus on monitoring the performance of existing European RMBS, as well as rating new transactions. This will involve collecting and analyzing portfolio data, the review of legal documentation and analysis of the transaction structure as well as communication with counterparties.
Within this position you will conduct an in-depth quantitative credit risk analysis of the portfolio assets. Additionally you will consider the individual transaction waterfall, as well as interest rate and/or currency mismatches between the portfolio assets and the structured finance bonds as part of cash flow modelling the transaction structure. You will conduct qualitative assessments of the operational risks based on on-site reviews at the issuers. You will also review all relevant laws and regulations, legal opinions and relevant documentation.

You will be expected to write credit analysis reports and press releases on rated structured finance transactions as well as research reports and conduct analysis on industry related topics. In addition, you will participate in criteria developments across products and regions.

Required Knowledge, Skills, and Abilities

You will possess a sound academic track record with at least university degree level or equivalent with a specialty in Finance, Economics, Accounting, Math or Statistical Sciences. You will demonstrate prior professional experience in credit analysis within the banking industry, ideally, in the securitization market, in risk management, or have a background in the mortgage industry.
Due to the nature of the role, numeracy and computer proficiency is a pre-requisite, including use of excel functions and application of modelling skills. You must be able to demonstrate strong analytical and problem solving skills. You should have strong written and verbal communication skills and ability to formulate and deliver concise opinion, facts and arguments both verbally and in writing. You will be a good team player as well as being able to work using your own initiative.